FCA Sets Regulatory Roadmap for Crypto
The introduction of a regulatory framework could revitalize interest in waning ICO funding.
The Financial Conduct Authority’s (FCA’s) guidance on crypto assets released this week is being hailed an important step in bringing greater clarity and confidence to the sector.
The consultation paper is timely because of demand from firms to be able to create investment products that include crypto-currencies, and technology will transform the market’s infrastructure following regulatory clarity after the consultation period, says Ed Gouldstone, head of product management for Linedata’s
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